Vranken Pommery : More resilient 2020 down by just 11%
>2020 sales down by 11% of which -12% for champagne - 2020 sales were almost 6% ahead of our expectations. Sales fell by 11% to € 244m, which was less than expected (-16% to € 231.4m) Champagne sales were down 12% (vs-17%e) to € 184.4m. The group benefited from its strong exposure to the Off Trade network with a hypermarket-supermarket bias. As a result, sales in the second half of the year were down by just 4% (incl. -7% for champagne). Sales increased in countries w...Vranken-Pommery Monopole is engaged in the production, marketing and distribution of alcoholic beverages, primarily champagne, porto and pink wine (Rose). Co.'s brands are Pommery, Vranken, Heidsieck & Cdeg Monopole and Charles Lafitte for champagne; Sao Pedro, Rozes et Terras do Grifo for Porto; and Listel and Chapelle Gordonne et Billette for pink wine (Rose). Co.'s activities can be divided into three segments: Vineyard which focuses on managing Co.'s vineyard and wine-producing activities; Production of champagne, porto and pink wine; and Distribution and Marketing of products.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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